El Paso vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 26% cheaper for renters. A 2-bedroom rents for $868/mo vs $1,097/mo in Raleigh-Cary — saving $2,748/year.
Rent by Unit Size
| Unit Size | El Paso | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $557 | $760 | $203 |
| 1 Bedroom | $685 | $928 | $243 |
| 2 Bedrooms | $868 | $1,097 | $229 |
| 3 Bedrooms | $1,052 | $1,435 | $383 |
| 4 Bedrooms | $1,194 | $1,556 | $362 |
| Median Income | $45,964 | $70,678 | $24,714 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/yr
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is El Paso or Raleigh-Cary cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $1,097/mo in Raleigh-Cary. That's $229/mo or $2,748/year more expensive in Raleigh-Cary (26% higher).
What is the 2-bedroom rent in El Paso vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between El Paso and Raleigh-Cary?
The median household income in El Paso is $45,964/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in El Paso vs Raleigh-Cary?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Raleigh-Cary it is $760/mo.